An investment promises to pay you $1,500 per year forever with the first payment in 9 years. It alternative investments of similar risk eam P per year, determine the macmum you would be willing to pay for this investment Enter your response below trounded to 2 decimal places) Number Suppose you save $500 at the end of every month for your retirement. If you can earn 4% per year (APR) on your investments, how much will you have saved by the time you retiro in 25 years? Enter your response below (rounded to 2 decimal places) Number